{"id":4926,"date":"2023-03-17T09:31:36","date_gmt":"2023-03-17T09:31:36","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/17\/doodles-not-an-nft-project-says-co-founder-nft-news-today\/"},"modified":"2023-03-17T09:31:36","modified_gmt":"2023-03-17T09:31:36","slug":"doodles-not-an-nft-project-says-co-founder-nft-news-today","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/17\/doodles-not-an-nft-project-says-co-founder-nft-news-today\/","title":{"rendered":"Doodles Not an NFT Project, Says Co-Founder – NFT News Today"},"content":{"rendered":"

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The comments from Doodles co-founder Jordan Castro are sparking controversy among collectors.<\/strong><\/em><\/p>\n

Doodles<\/a> co-founder Jordan Castro\u2019s recent comments are raising a few eyebrows.\u00a0Doodles is one of the most successful NFT projects<\/a> of all time. According to Coin Market Cap, the project is ranked 9th in the most traded NFT collections the last 30 days.<\/p>\n

Yet, Castro is now distancing the project from NFTs.<\/p>\n

Castro said: \u201cWe\u2019re trying to go from a startup to a leading media franchise. We are no longer an \u2018NFT project\u2019. The more time\/money\/resources we invest in following the latest \u2018build in public\u2019 trends that fuel speculation, the less we have to achieve our long-term vision.\u201d<\/p>\n

He continued: \u201cWe are not going to spend any resources appeasing those with financial motivations. We never have and never will. If we are going to focus energy on any [group] of people, it will absolutely be our most loyal collectors.\u201d<\/p>\n

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Doodles NFTs on OpenSea<\/figcaption><\/figure>\n<\/div>\n

Castro defiant<\/strong><\/h2>\n

Castro followed up with more comments on his official Twitter<\/a> channel. Moreover, he reinforced once again that Doodles isn\u2019t an NFT project.<\/p>\n

He said: \u201cThis is true. but what\u2019s also true is I\u2019ve dedicated my career to the blockchain. I\u2019ll never abandon the pursuit of delivering the promises of this tech to the world. Doodles started as an NFT project, but we are growing into a company with the goal of becoming a leading media franchise. And we want you along every step of the way.\u201d<\/p>\n

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hey web3, here are my comments on the feedback<\/p>\n

“doodles isn’t an NFT project”<\/p>\n

this is true. but what\u2019s also true is i’ve dedicated my career to the blockchain. i’ll never abandon the pursuit of delivering the promises of this tech to the world. doodles started as an NFT\u2026 https:\/\/t.co\/Eq9fZN3sx4<\/a><\/p>\n

\u2014 poopie \ud83d\uddfa (@poopie) March 16, 2023<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

It appears that the Doodles co-founder is trying to steer the Doodles ship away from NFTs. Indeed, Castro insists that the project needs to evolve beyond \u201cvicious speculative cycles.\u201d<\/p>\n

However, the response to Castro\u2019s original comments and follow up Tweet has been mixed. For some collectors, the move away from NFTs is a positive one. On the other hand, Castro\u2019s words are also attracting criticism. One collector wrote: \u201cEveryone has financial motivations. Nobody would be on twitter talking about this stuff if they didn\u2019t have financial motivations. We would all be out in the real world. It\u2019s disingenuous to talk like this.\u201d<\/p>\n

Frustrated community<\/strong><\/h2>\n

The reaction to Castro\u2019s comments reflects a community simmering with uncertainty. Currently, the Doodles NFT collection floor price is plummeting downwards. In the last 30 days, the floor price has dropped from almost 6 ETH to 3.5 ETH at the time of writing.\u00a0<\/p>\n

The drop in value may be causing the underlying tension in the community. Furthermore, one of the most successful NFT projects of all time is moving away from NFTs. Consequently, the community is processing that pivot with mixed emotions.\u00a0<\/p>\n

Conversely, one more positive NFT collector said: \u201cI agree with him. What\u2019s the surprise? Let\u2019s move forward building doodle\u2019s brand. Lots of work in front of us. The rest is just noise. I would focus on that.\u201d<\/p>\n<\/div>\n